Rep. C. Scott Franklin Sells Off Shares of PepsiCo, Inc. (NASDAQ:PEP)

Representative C. Scott Franklin (R-Florida) recently sold shares of PepsiCo, Inc. NASDAQ: PEP. In a filing disclosed on July 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in PepsiCo stock on June 16th. The trade occurred in the Representative's "FIDELITY JOINT TBE" account.

Representative C. Scott Franklin also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 6/16/2025.
• Sold $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 6/16/2025.
• Sold $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 6/16/2025.
• Sold $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 6/16/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 6/16/2025.
• Sold $15,001 - $50,000 in shares of Johnson & Johnson NYSE: JNJ on 6/16/2025.
• Sold $15,001 - $50,000 in shares of Walmart NYSE: WMT on 6/16/2025.
• Sold $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 6/16/2025.
• Sold $15,001 - $50,000 in shares of Home Depot NYSE: HD on 6/16/2025.
• Sold $1,001 - $15,000 in shares of Kenvue NYSE: KVUE on 6/16/2025.

PepsiCo Price Performance

PepsiCo stock traded down $2.20 during mid-day trading on Friday, reaching $143.24. 13,738,009 shares of the company's stock traded hands, compared to its average volume of 7,231,964. The company has a market cap of $196.39 billion, a price-to-earnings ratio of 26.09, a PEG ratio of 4.45 and a beta of 0.45. The stock has a 50 day moving average of $132.23 and a two-hundred day moving average of $141.18. The company has a quick ratio of 0.65, a current ratio of 0.78 and a debt-to-equity ratio of 2.12. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $180.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The company reported $2.12 EPS for the quarter, topping the consensus estimate of $2.03 by $0.09. The company had revenue of $22.73 billion for the quarter, compared to the consensus estimate of $22.28 billion. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. The firm's revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.28 EPS. Equities analysts forecast that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 6th were given a dividend of $1.4225 per share. This is a positive change from PepsiCo's previous quarterly dividend of $1.36. The ex-dividend date was Friday, June 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.97%. PepsiCo's dividend payout ratio is currently 103.64%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PEP. UBS Group cut their target price on shares of PepsiCo from $175.00 to $169.00 and set a "buy" rating for the company in a report on Friday, April 25th. Citigroup lifted their target price on shares of PepsiCo from $160.00 to $168.00 and gave the company a "buy" rating in a report on Friday. Cowen reaffirmed a "hold" rating on shares of PepsiCo in a report on Thursday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of PepsiCo in a report on Thursday. Finally, Barclays cut their price target on shares of PepsiCo from $135.00 to $132.00 and set an "equal weight" rating for the company in a report on Tuesday. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, PepsiCo currently has a consensus rating of "Hold" and a consensus price target of $159.50.

Institutional Trading of PepsiCo

Hedge funds have recently added to or reduced their stakes in the business. Philip James Wealth Mangement LLC lifted its position in shares of PepsiCo by 201.6% during the 2nd quarter. Philip James Wealth Mangement LLC now owns 80,008 shares of the company's stock worth $10,564,000 after buying an additional 53,483 shares during the period. Vicus Capital lifted its position in shares of PepsiCo by 21.4% during the 2nd quarter. Vicus Capital now owns 3,099 shares of the company's stock worth $409,000 after buying an additional 547 shares during the period. Naples Global Advisors LLC lifted its position in shares of PepsiCo by 2.3% during the 2nd quarter. Naples Global Advisors LLC now owns 26,270 shares of the company's stock worth $3,469,000 after buying an additional 592 shares during the period. Pure Financial Advisors LLC lifted its position in shares of PepsiCo by 360.9% during the 2nd quarter. Pure Financial Advisors LLC now owns 27,412 shares of the company's stock worth $3,620,000 after buying an additional 21,464 shares during the period. Finally, RKL Wealth Management LLC lifted its position in shares of PepsiCo by 2.7% during the 2nd quarter. RKL Wealth Management LLC now owns 14,250 shares of the company's stock worth $1,882,000 after buying an additional 372 shares during the period. Institutional investors own 73.07% of the company's stock.

About Representative Franklin

Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida's 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida's 18th Congressional District. He declared candidacy for the 2026 election. Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012. Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin's career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.

About PepsiCo

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.

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